Archives for October 2018

Binance has frozen multiple accounts associated with the cryptocurrency exchange Wex, citing money laundering concerns.The CEO of Binance went on Twitter recently to announce the freezing of multiple accounts owned by Wex, claiming that Binance will cooperate with law enforcement in any way possible should a criminal investigation result from alleged money laundering. Wex, a Russian-based cryptocurrency exchange, has had a troubled history, to … [Read more...] about Binance Freezes Funds on Multiple Accounts with Dubious Crypto Exchange

On the eve of the 10th anniversary of the initial publication of the Bitcoin whitepaper, the cryptocurrency markets recorded their weakest month for trading volume in all of 2018. Most of the leading markets saw a significant decline in trading activity throughout October, but NEO, TRX, QTUM and ZEC posted month-over-month volume increases.
Also Read: Venezuela Begins Public Sale of National Cryptocurrency Petro
BTC, USDT, ETH and EOS Hit
Lowest … [Read more...] about October Volume Report: Weakest Monthly Trading Activity of 2018

CMC Markets, a U.K.-headquartered financial derivatives brokerage with shares listed on the London Stock Exchange, revealed on Tuesday that it has expanded its cryptocurrency offering to include bitcoin cash (BCH), as well as litecoin (LTC) and ripple (XRP).
Also Read: How to Easily Give BCH as Gifts in Halloween Trick-or-Treat Packages
CMC Markets Responds to Demand
The roughly 60,000 clients that CMC Markets serves around the world can now … [Read more...] about CMC Markets Adds Bitcoin Cash to Cryptocurrency Offering

Agents of the Indian government have met to formally discuss a possible ban on private cryptocurrency holdings in the nation.On October 30, 2018, the Financial Stability and Development Council (FSDC) issued a press release detailing their recent meeting where they “reviewed the current global and domestic economic situation and financial sector performance.” The council seemed deeply concerned about “the need for identifying and securing … [Read more...] about Indian Officials Consider Ban on “Private Cryptocurrencies”

In a bid to lower the barriers to mainstream adoption of blockchain technology, professional services giant Ernst & Young (EY) has launched a solution that it claims will allow companies to transact privately on Ethereum’s blockchain using zero-knowledge proof (ZKP).Dubbed the EY Ops Chain Public Edition (PE), the solution will reportedly allow enterprises to issue and sell product tokens on a “public blockchain with private access to their … [Read more...] about EY Prototype Allows Private Transactions on Ethereum’s Blockchain